July 17, 2008

But Hey, $550,000 Is Simply A Rounding Error To A Proper Industrialist

2151 Green Street

While the website and statement (with floor plans) for 2151 Green Street quote $11,500,000, the listing only asks $10,950,000 (if it's multiple choice we say go with the latter). In either case, that's simply a rounding error for any modern day industrialist.

Editor's Note: With respect to the industrialist reference, "built in 1915 for famous mining industrialist, F.W. Bradley" (of whom we've never heard). And as an aside, the woodwork inside is rather stunning.

UPDATE: And the scoop from a plugged-in Sleepiguy:

2151 Green had been unofficially for sale for years before someone bought it last fall for 9.5 million. The current owner, rather than doing a proper remodel, put in a slightly updated kitchen and lay a bunch of expensive looking, but completely incongruous, Waterworks tile in the bathrooms. The most bizarre feature is a crazy open shower and sauna in the lower apartment (yes, I said lower apartment). Now, the current owner never wanted to live in this house. He just wanted the garden next door, which is essentially a vacant lot. I'm not sure if they've already performed a lot split or just gave up on the project altogether, but at some point he wanted to build a new SFH on that parcel, much to the chagrin of the Cow Hollow Association.

∙ Listing: 2151 Green Street (6/5) - $10,950,000 [2151green.com] [MLS]

First Published: July 17, 2008 10:30 AM

Comments from "Plugged In" Readers

Here's the scoop on this one... 2151 Green had been unofficially for sale for years before someone bought it last fall for 9.5 million. The current owner, rather than doing a proper remodel, put in a slightly updated kitchen and lay a bunch of expensive looking, but completely incongruous, Waterworks tile in the bathrooms. The most bizarre feature is a crazy open shower and sauna in the lower apartment (yes, I said lower apartment). Now, the current owner never wanted to live in this house. He just wanted the garden next door, which is essentially a vacant lot. I'm not sure if they've already performed a lot split or just gave up on the project altogether, but at some point he wanted to build a new SFH on that parcel, much to the chagrin of the Cow Hollow Association.

All that said, this house will never sell. It has nice views and a good location, but the steps to the front door are just beyond punishing. It's a steep and shockingly brutal climb (this from someone how has to walk up 50 steps to get to the front door of his apartment). Supposedly there's an elevator, but I can't imagine anyone wanting a 10 million fixer in Cow Hollow where you can't even walk to your front door.

Posted by: Sleepiguy at July 17, 2008 11:01 AM

That would be Fred Worthern Bradley, president of the Bunker Hill and Sullivan Mining company of Idaho... looks like he ran it for 40 years or so, as well as owning interests in other mines.

Apparently the house (I'm assuming that house) was the site of two murder attempts on Mr. Bradley, one of them a bomb left at his door... (i only know because i just looked it up now)

If you're interested, there's more here

Posted by: hugh at July 17, 2008 1:06 PM

I actually really like the building and think it has some great features.

Posted by: Marina Guy at July 17, 2008 1:51 PM

Socketsite, it's a choice between "go with the later" and "go with the latter" I'd "go with the latter".

Posted by: Tripp Knightly at July 17, 2008 9:05 PM

Or go for a latte and skip the house.

Posted by: Oceangoer at July 17, 2008 11:16 PM

This disaster is back on the market @ $7.35mm.

Too bad recent comps suggest that $1k psf may be a stretch.

Posted by: eddy at March 30, 2009 10:05 PM

Throw in the adjacent lot garden which is still for sale, and maybe they'd get a nibble at the new 7.35 price?

But it looks like you'd still have to fix some of the bad remodeling.

Posted by: kthnxybe at April 1, 2009 11:23 AM

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